Exclusive: Videgaray Spells out Reform Agenda

Dec 14, 2012

In his first interview with any international or domestic print media since taking office, Mexico’s new finance minister Luis Videgaray tells LatinFinance why he is confident that fiscal and energy reforms will take place in 2013

Mexicos new finance minister Luis Videgaray says he is
confident political consensus now exists to shake up state oil
company Pemex and overhaul the countrys fiscal regime
through a bold set of reforms to be carried out next
year.

In his first interview with the foreign or local print media
since taking office this month, Videgaray tells LatinFinance
that an overhaul of the countrys fiscal system will be
central to boosting competitiveness and raising potential GDP
from 3% to near 6% in the coming years, a key electoral
pledge.

This not just a marginal twist in the fiscal regime. We
need to do a true overhaul of our fiscal structure in order for
this to be possible, he says....